Venture Capital News

Maersk VC co-leads Funding Round in Egyptian Freight Logistics Start Up

Egyptian startup Trella, a digital platform connecting truckers with freight loads, has raised $42 million in equity and debt, including from the venture capital arm of shipping giant Maersk, its chief executive said.Founded three years ago in Cairo, Trella operates in Egypt, Saudi Arabia and Pakistan. It is one of several technology firms around the world seeking to upend traditional truck brokerages.Through Trella's online platform, shippers and truckers can directly book freight loads for transport.

Interview: Hannan Carmeli & theDOCK: Fertile Grounds for Innovation

There are many Venture Capital funds helping to drive innovation across industry. theDOCK, co-founded by Hannan Carmeli and Nir Gartzman, is unique in that it is working to connect the ports, shipping and logistics industries with primarily Israeli-based start-ups. We recently interviewed Carmeli for insights on the path and pace of the companies under theDOCK’s guise.Hannan Carmeli, Co-Founder and Managing Partner of theDOCK, freely admits that he always wanted to be a ‘Chief Dreamer,’ a dream fulfilled with the creation of theDOCK in early 2017.